Egypt-based marketplace Muqbis raised Pre-SEED funding from Nama Ventures

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Egypt-based marketplace Muqbis raised Pre-SEED funding from Nama Ventures. Despite the Pandemic’s growth inhibitors, Egypt’s handicrafts market is worth 22 billion Egyptian pounds.

Muqbis is a complete marketplace designed specifically for the handicrafts sector. The startup claims that Muqbis’ competitive advantage is built on minimal human interaction, and the product roadmap is built on a complete understanding of the nature and challenges of this particular market. With a fair market place where they can sell their goods, receive education on how to use the power of eCommerce to secure a fair income, and gain exposure to the local and global market, Muqbis aims to be the umbrella for talented hands, particularly women, in the Egyptian and MEA markets.

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Egypt-based marketplace Muqbis raised Pre-SEED funding from Nama Ventures

Egypt-based marketplace Muqbis raised Pre-SEED funding from Nama Ventures. Despite the Pandemic’s growth inhibitors, Egypt’s handicrafts market is worth 22 billion Egyptian pounds.

Muqbis is a complete marketplace designed specifically for the handicrafts sector. The startup claims that Muqbis’ competitive advantage is built on minimal human interaction, and the product roadmap is built on a complete understanding of the nature and challenges of this particular market. With a fair market place where they can sell their goods, receive education on how to use the power of eCommerce to secure a fair income, and gain exposure to the local and global market, Muqbis aims to be the umbrella for talented hands, particularly women, in the Egyptian and MEA markets.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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